RoboForex, an automated forex broker regulated in Cyprus and Belize, released the first stats on the usage of the MetaTrader 5 (MT5) trading platform since the release of the version supporting hedging option earlier this year.
The forex broker itself enabled registration for MT5 hedging accounts in the end of May. For less than a month, the number of newly registered MT5 accounts rose by 63%. The share of active MT5 hedge accounts was 54%, shows RoboForex’ report. The new feature of the MT5 trading platform drove upwards the trading volume on it by 45%, while the transactions amount on the MT5 accounts rose the spectacular 104%.
According to RoboForex, clients’ interest in MetaTrader5 is fully justified, because the platform’s functional capabilities are considerably superior to MetaTrader4.
RoboForex is an automated forex broker regulated in Cyprus and Belize. It offers trade in currencies and CFDs on stocks, indices and spot oil. The leverage is up to 1:1000 and no minimum deposit is required. The trading platforms that can be used for trading via RoboForex are MT4, MT5 and cTrader.
Earlier this week the developer of the MetaTrader platforms – MetaQuotes – bragged that since the launch of the MT5 with hedging, the platform is quickly gaining popularity both among traders and among brokers. It is also very popular in Pakistan. Besides the desktop trading application, MetaQuotes updated MT5’s web trading version, the mobile applications for Android, support for certificate transferring between desktop and mobile devices and revamped the website.